Tuesday Market Moves: Stocks Rise, Commodities Drop

Stephen Whiteside from TheUpTrend.com provides insights on the stock market for Tuesday, January 21, 2025. He notes that stock index futures are trading higher, indicating potential buying interest, while commodity futures are trending lower. Key points include the VIX sell signal, which supports rising stock prices, and the importance of watching the US dollar and bond movements for further market direction. He also advises Canadian investors to disregard signals from Monday due to light trading. Stephen highlights market activity in energy, materials, and financials, noting buy signals for several stocks but cautioning against immediate action. He provides price targets for major indices like the S&P 500 and Nasdaq 100, forecasting potential upward movements. Wrapping up, he emphasizes the importance of market timing and invites viewers to explore more at TheUpTrend.com. Stephen Whiteside TheUpTrend.com Tuesday, January 21, 2025 https://theuptrend.com/morning-market-outlook-01212025/